How do you handle your personal debit?

[Stardom22]

For me l rarely go to the debt. l would only take a loan on a very designated purpose and that is on very rarely occasions.

 

[nomad]

I use debt to build income, so I am not afraid of debt. I don't borrow to spend on luxury.

 

[arunima]

We ( my husband and I) had few loans that we took for the two houses that we own and for our car. We worked hard and saved to pay back these loans and close them much before the period. It is so relieving that we don't have any debt in present. And we have no plans to go for loans in the future. If we plan to buy some asset or start a business, we would like to use our savings for it.

 

[Ratine]

For me l do the management of my debt very efficiently. I always reduce my debt whenever l get money.

Post automatically merged: May 3, 2024

They should refrain from giving into to them irregardless of the behavior towards the business.

 

[Shavkat]

If I am going to do this, I will see to it that it would be income generating purposes.

 

[Starmix]

if you're capable to be a debt then proceed. I'm afraid to experience debt. I might have sleepless nights.

 

[Springtime]

I have just taken out loans on two occasions. One was applying for interest free loan from the government to pay for the university tuition fee. Another was the mortgage loan when I bought my apartment. When I was in debt, I instructed my bank to auto pay the borrower every month.

 

[Rubz]

I also rarely have debts to settle. When i'm in need of money, i make use of my savings. That is the reason i save most time, so i don't have to borrow when i need money.